Top gainers on DEXTools DOGE2.0, RICH, BOBO.
Crypto markets are experiencing a slight decline before the release of the minutes from the US Federal Reserve’s most recent policy meeting last month.
Bitcoin ($BTC) was last traded at less than $30,500, down about 2% in the past 24 hours according to CoinGecko.
Ether ($ETH) was last traded just above $1,900, down about 2.5% over the same time period.
- Valkyrie refiles for Bitcoin ETF with Coinbase as partner.
- Using a Bitcoin miner to heat a home Keeping warm with sats.
- New BRC standard could reduce Bitcoin inscription fees by 90%.
The upcoming release of the Fed minutes is the first of many important macro events over the next three days that could cause volatility in the crypto market if it affects expectations of Fed tightening.
However, for crypto enthusiasts who are searching for the next small-cap meme coin to explode, macro fundamentals hardly matter.
Here are some of the shitcoins that have seen the biggest gains on Wednesday according to the Decentralized Exchange analytics tool DEXTools.
Doge 2.0 ($DOGE2.0)
The meme coin space continues with Doge 2.0.
2.0 versions of popular meme coins like Dogecoin, which market themselves as a second chance for traders who missed the first pump, have been performing well recently, and Doge 2.0 is no different.
$DOGE2.0 was last traded at around $0.0000000135, up over 135 times compared to last night’s lows in the $0.00000000010 range.
Visit Doge 2.0’s website here and the coin on DEXTools here.
Rich Coin ($RICH)
$RICH, a meme coin created around the idea of making its buyers rich, experienced a pump of up to 2600% from its DEX launch price on Tuesday to its highs earlier today in the $1.07 range.
It has since retraced to around $0.23, giving it a market cap of around $230,000.
Visit $RICH’s website here and the coin on DEXTools here.
Bobo reached new all-time highs on Wednesday, an impressive recovery considering its previous peak was back in May, showing that this meme coin has more staying power than most of its competitors.
At current levels around $0.00000014, $BOBO is up an impressive 1300% from its late-June lows in the $0.00000001 range.
Visit $BOBO’s website here and the coin on DEXTools here.
Presale Meme Coin Projects to Consider
Degen meme coin traders who are looking for the next low-cap gem to explode should also consider trying to get in early on some meme coin presales.
Here are two meme coin projects that are selling their tokens at a low price to early investors and that the team at blockchain are big fans of.
Wall Street Memes ($WSM)
Wall Street Memes, one of the internet’s hottest retail investing communities, rose to prominence during the meme stock craze of 2021 and has recently expanded its relevance in the cryptocurrency space with the presale of its new $WSM token.
The success of the $WSM presale, which has raised over $12.5 million in just over one month, is not surprising given the size of Wall Street Memes’ community.
Not only does its wallstbets Instagram account have 523,000 hyper-engaged community members, but there are also 214,000 on Twitter and over 100,000 across its two other Instagram channels, wallstgonewild and wallstbullsnft.
In total, Wall Street Memes has a social community of 1 million degens, which analysts believe almost guarantees that the $WSM token will be listed on tier 1 crypto exchanges like Binance.
With 30% of the token supply being held back for community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.
Indeed, the first $WSM airdrop is open now.
Analysts are already predicting big things for Wall Street Memes when it lists on exchanges and you can be a part of it.
Visit Wall Street Memes Here
Thug Life Token ($THUG)
Despite only launching a few days ago, brand new meme coin project Thug Life Token has already been able to raise a whopping more than $430,000 via the presale of its $THUG token.
Various industry observers have tipped $THUG to be a major success given the refreshing take it brings to the meme coin space.
$THUG is not based around out-of-fashion dog memes or short-term social media fads, like meme coins created in response to Elon Musk or Andrew Tate tweets.
Rather, $THUG is themed around the timeless Thug Life movement that was first popularized by hip hop stars such as Snoop Dogg back in the 80s.
As the word of $THUG spreads, more degenerates are expected to pile cash into the project.
That’s because Thug Life Token has all of the makings of the next 100x meme coin.
At the presale price of $0.0007 and total maximum supply of 4.2 billion, the Thug Life Token presale only values the coin at a very conservative $2.94 million fully diluted market cap.
That’s much smaller than most other comparable presale projects and the low presale market cap leaves plenty of room for explosive upside.
Meme coin degens have no time to lose when it comes to getting involved in the project early.
That’s because the $THUG presale will end once the $2.058 million mark is hit, or when the 12-day countdown runs out (whichever comes first).
After that, the only way to secure $THUG tokens will be via the project’s airdrop and community rewards campaign or at a potentially elevated price on major decentralized exchanges (DEXs).
Visit Thug Life Token Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.